31.10.2008 - Progress redirects Unilever’s real estate
From IPE: Progress, the €4bn Dutch pension fund of Unilever Netherlands, is altering its real estate strategy by replacing direct real estate holdings with indirect real estate investments. Offiicial at Progress, which had €587m worth of real estate investments at the end of 2007, said market conditions mean the fund is no longer big enough to invest in direct real estate..... Full Article: Source